Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10) including fair financial strength of affiliated Lifetime Healthcare Inc. Fair quality investment portfolio (4.8). Weak profitability (1.7). Excellent expense controls. Return on equity has been low, averaging -53.7%.
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (8.3).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind health (98.9%), group health (1.1%)
Licensed in:
FL
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Lifetime Healthcare Inc
Investment Rating
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Company Address
1800 Pembrook Drive Suite 300
Orlando, FL 32810
Orlando, FL 32810
Phone Number
(585) 238-4464
NAIC Number
12967
Website
Largest Affiliates
